Südzucker (ETR:SZU) Trading Down 2% – Here’s Why

Südzucker AG (ETR:SZUGet Free Report)’s share price dropped 2% on Tuesday . The company traded as low as €10.96 and last traded at €11.06. Approximately 117,192 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 410,903 shares. The stock had previously closed at €11.28.

Südzucker Stock Down 0.4%

The company has a debt-to-equity ratio of 133.77, a quick ratio of 1.00 and a current ratio of 1.95. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 26.02, a price-to-earnings-growth ratio of 0.44 and a beta of 0.09. The firm’s 50-day simple moving average is €11.67 and its 200-day simple moving average is €10.47.

About Südzucker

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Südzucker AG produces and sells sugar products in Germany, rest of the European Union, the United Kingdom, the United States, and internationally. It operates through five segments: Sugar, Special Products, CropEnergies, Starch, and Fruit. The Sugar segment produces and sells sugar, sugar specialty products, glucose syrup, and animal feed to food industry, retailers, and agriculture markets, as well as offers by-products of sugar. The Special Products segment produces functional ingredients, including dietary fibers, sugar substitutes, sugar, rice starches, barley/rice flours, texturized wheat protein, and vegetable texturates for food, animal feed, non-food, and pharmaceutical industries.

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